The Law Dictionary

WITHOUT RECOURSE

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

This phrase, used in making a qualified indorsement of a negotiable instrument, signifies that the Indorser means to save himself from liability to subsequent holders, and is a notification that, if payment is refused by the parties primarily liable, recourse cannot be had to him … [Read more...]

WITHOUT RESERVE

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

contracts. These words are frequently used in conditions of sale at public auction, that the property offered, or to be offered for sale, will be sold without reserve. A term applied to a sale by auction, indicating that no price is reserved. 2. When a property is advertised to be sold without reserve, if a puffer be employed to bid, and actually bid at the sale, the courts … [Read more...]

WITHOUT STINT

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

Without limit; without any specified number. … [Read more...]

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